Word: wealth
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Dates: during 1980-1989
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Just before Christmas there seemed to be new hope. Negotiations focused on technical financial questions of returning frozen Iranian assets, canceling U.S. claims against Iran and disposition of the late Shah's wealth-if it can be found -that should be solvable. But Iran's high-handed demand that the U.S. deposit $24 billion in Algeria raised anew the question of whether the often irrational and always faction-torn Tehran government can summon the political will to free the captives. After so many disappointments, few Americans will believe that it can until all the hostages are actually...
Donovan apparently was among Reagan's earliest choices for his Cabinet, but announcement of the appointment was held up by the requirements of the Ethics in Government Act. While other appointees whose wealth consists of diverse holdings can satisfy the act by establishing so-called blind trusts, Donovan was forced to divest himself of his $22 million in Schiavone stock...
...That the U.S. make a "guaranteed deposit" in the Algerian Central Bank. Then, said the Iranians, "whatever amount of the Shah's wealth is cleared up we will take from that deposit." The Iranians also spoke of "procedures" to locate and secure the Shah's estate...
...That the U.S. also deposit the "gold and confiscated wealth" of Iran (a reference to the $13 billion in Iranian assets now frozen in U.S. banks) with the Algerian bank...
...management at M.I.T. and was an adviser to George McGovern during the 1972 presidential campaign. He is the author of one of this year's most provocative books on the economy, The Zero-Sum Society. In it he argues in favor of a greater redistribution of income and wealth in American society. He also supports more Government involvement in planning the development of key economic sectors, especially new technologies...